It is evident all cryptocurrencies are trying to recover some of their lost value in the past few months. Doing so will be a monumental challenge, although the past 24 hours have shown some positive changes as well. Even so, specific currencies are going through massive pumps with little trading volume. The Bytecoin price, for example, has risen by over 18%. Bytecoin Price Pump Materializes out of the Blue Most …
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While the second half of May has been burdened by a sustained downtrend, today’s price movements could be seen as a spark for a reversal. After reaching initials lows earlier in the day of just above US$7,000, Bitcoin saw a huge jump to above $7,400, and is continually inching higher. If things play out well, this could lead to a summer frenzy, similar to was witnessed at this time last …
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Over the years, we have seen multiple privacy-oriented cryptocurrencies emerge. As most people are well aware, Monero seems to be holding all the best cards in this regard even though there is still room for improvement. Bytecoin is another project focusing on the same problem, even though its developers have done things slightly differently. Combining privacy with untraceable payments has proven challenging; that much is evident. Why does Bytecoin Exist? It is …
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